An advantage of automatic stabilizers over discretionary fiscal policy is that
A) automatic stabilizers are not subject to all the same time lags that discretionary fiscal policy is.
B) automatic stabilizers can be easily fine-tuned to move the economy to full employment.
C) only the Prime Minister is involved in implementing automatic stabilizers instead of both the Prime Minister and Parliament.
D) the Ricardian equivalence theorem applies more readily to automatic stabilizers than to discretionary fiscal policy.
Correct Answer:
Verified
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